Dublin, Feb. 19, 2021 (GLOBE NEWSWIRE) — The “Chinese Commercial Vehicle Fleet Management System Market, 2020” report has been added to ResearchAndMarkets.com’s offering.
China’s commercial vehicle (CV) fleet management system (FMS) market is currently in phase 2.0, which focuses on people-vehicle interaction. In the next 10 years, the market will enter phase 3.0, centering on technologies for vehicle-to-vehicle (V2V), vehicle-to-everything (V2X), and Internet of Things (IoT).
In China, the CV market is experiencing strong growth due to the booming eCommerce industry, the wave of vehicle replacement and upgrade to meet stricter emissions regulations, and subsidies issued by central and regional governments. With these new market dynamics, huge potential has surfaced in the CV fleet management industry. Consequently, FMS providers are grappling to meet the diverse demands coming from different market segments that require fleet management solutions.
Today, most fleets use traditional FMS solutions that are largely reliant on manual processes and global positioning system (GPS) tools. GPS-based fleet management systems, however, only provide basic functionality in terms of fleet monitoring and cannot provide other much-needed services, such as preventing accidents or enabling efficient real-time communication between fleet managers and drivers. To create a more positive user experience and optimize FMS solutions, the industry needs intelligent, comprehensive solutions that use Big Data, artificial intelligence (AI), and IoT to drive cost and labor efficiency.
In a field of more than 1,000 industry participants, the publisher independently plotted the top 10 companies in this analysis. The Radar reveals the market positioning of each company using its Growth and Innovation scores as highlighted in the methodology.
The document presents competitive profiles on each of the companies based on their strengths, opportunities, and market positioning. We discuss strategic market imperatives and the competitive environment that vendors operate in as well as make recommendations for each provider to spur growth.
Key Topics Covered:
1. Strategic Imperative and Growth Environment
- Strategic Imperative
- Growth Environment
2. The Radar
- The Radar: Chinese Commercial Vehicle Fleet Management System Market
- The Radar: Competitive Environment
3. Companies to Action
- Chainway TSP
- FAW Jiefang
- Shenzhen GMTech
- Higer Bus
4. Strategic Insights
5. Next Steps: Leveraging the Radar to Empower Key Stakeholders
- Significance of Being on the Radar
- The Radar Empowers the CEO’s Growth Team
- The Radar Empowers Investors
- The Radar Empowers Customers
- The Radar Empowers the Board of Directors
For more information about this report visit https://www.researchandmarkets.com/r/b2hvnc
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